State Bank of India
Indian public sector bank
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State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the tenth largest employer in India with nearly 250,000 employees. In 2024, the company’s seat in Forbes Global 2000 was 55.
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Can Trump 2.0's H1B visa restriction be a boost to Modi 3.0's Atmanirbhar Bharat? What SBI report saysAn SBI report suggests that potential H1B visa restrictions under a second Trump administration could benefit India's Atmanirbhar Bharat initiative. While acknowledging the challenges posed to Indian..IndiaTimes - Published | |
'Close all deposits...': Karnataka government suspends transactions with SBI, PNB due to...Chief Minister Siddaramaiah-led Karnataka government has issued a directive ordering all state government undertakings to suspend transactions with State Bank of India (SBI) and Punjab National Bank..DNA - Published | |
Crucial appointments await new governmentWith a new government expected to take office, crucial appointments are awaited, including a new RBI governor and SBI chairman. Besides, several agencies, including the Directorate of Enforcement and..IndiaTimes - Published | |
Won't disclose SOPs on EBs: SBI to RTI appealIndiaTimes - Published | |
SBI fails to hand in ATM footage, told to pay man who lost Rs 80,000Uttarakhand Consumer Disputes Redressal Commission directed State Bank of India to compensate Parthasarthi Mukherjee for Rs 80,000 card cloning fraud in Delhi. Bank failed to provide CCTV footage for..IndiaTimes - Published | |
India extends budgetary support of $50m to MaldivesIndia has extended budgetary support of 50 million dollars to the island nation following the recent visit of Maldives foreign minister Moosa Zameer. The support is in the form of a roll-over of 50..IndiaTimes - Published | |
SBI refuses to disclose electoral bond SOPs, faces RTI challengeSBI refuses to disclose electoral bond SOPs under RTI Act, claiming exemption. Anjali Bhardwaj files RTI seeking SOPs, plans appeal against the denial, emphasizing the importance of SOP for..IndiaTimes - Published | |
Man finds grandfather's decades old SBI share certificate, now worth...A pediatric surgeon shared on social media the surprising discovery of SBI shares purchased by his grandparents in 1994, which were forgotten until recently. The shares, initially valued at Rs 500,..IndiaTimes - Published | |
Man finds grandfather's SBI shares from 1994 with buy value Rs 5000, now worth...A pediatric surgeon from Chhattisgarh shared on social media the surprising discovery of SBI shares purchased by his grandparents in 1994, which were forgotten until recently. The shares, initially..IndiaTimes - Published | |
'Commercial confidence': SBI refuses to disclose standard operating procedure for sale and redemption of the electoral bondsSBI refuses to disclose electoral bond SOP post Supreme Court backlash. Anjali Bharadwaj criticizes lack of transparency. SC quashed the scheme and amendments. SBI asked to provide encashment details..IndiaTimes - Published | |
Electoral Bonds: EC releases complete list of donors, parties, unique numbers as revealed by SBI, check detailsThe BJP remained a major beneficiary of electoral bonds purchased by big corporate groups like Vedanta, Bharti Airtel, Muthoot, Baja Auto, Jindal group, and TVS Motor, according to an analysis of data..DNA - Published | |
Only a/c details, KYC not made public: SBIIndiaTimes - Published | |
Megha money: Group no. 1 electoral bonds donor to BJP, BRS, no 3 to CongressElection Commission data revealed BJP, Congress, Trinamool's top donors. Trinamool's major benefactor, Future Gaming, also funded DMK, YSRCP. Qwik Supply, linked to Reliance, donated to BJP, Shiv Sena..IndiaTimes - Published | EC releases electoral bonds data with alpha-numeric codeSBI submitted the data to the Election Commission on Thursday as per Supreme Court order.DNA - Published |
SBI submits complete electoral bond data to EC, files compliance affidavit in SCIndiaTimes - Published | Don’t be selective, disclose full bond details: Supreme Court to SBISupreme Court instructed SBI to reveal electoral bond details to Election Commission by Thursday 5pm, including alphanumeric numbers. The court criticized SBI for incomplete compliance with previous..IndiaTimes - Published |
Not tied to SC bar body president plea, says govt; seeks checks against electoral bonds data misuse by NGOsUnion govt distances from SC Bar Association president's plea for reconsideration of the SC’s direction on electoral bonds. Solicitor general supports SC's disclosure direction but he also flagged..IndiaTimes - Published | 'Unacceptable': SC pulls up SBI for not disclosing all poll bonds related informationThe Supreme Court has instructed the State Bank of India (SBI) to disclose all information regarding Electoral Bonds in its possession, including the unique alphanumeric and serial numbers of redeemed..IndiaTimes - Published |
Electoral Bond Case: SBI should not be selective in disclosing details, says SCThe Supreme Court says in the judgment, it had asked the SBI to disclose all details and that includes the Electoral Bond numbers as well.DNA - Published | Poll bonds were just left at our offices, don’t know by whom, say TMC & JD(U)Trinamool Congress and JD(U) received electoral bond donations without disclosing donors' identities. While JD(U) revealed some donors, TMC did not, citing reliance on SBI's KYC process to identify..IndiaTimes - Published |
No details on 94% of poll bond donations as Big 5 stonewallElection Commission data on electoral bonds revealed major parties hiding donors' details. SC awaits SBI's unique bond numbers. Some parties disclosed partial info. Donations from unrelated states..IndiaTimes - Published | Many lesser known infrastructure companies bought electoral bondsAs per data shared by SBI with the EC, a lesser known Hyderabad-based real estate company, Sri Siddharth Infratech and Services, purchased bonds of around Rs 61 crore. Several infrastructure firms,..IndiaTimes - Published |
Supreme Court pulls up SBI, tells it to disclose bond numbers linking donors & partiesSupreme Court reprimands SBI for not disclosing alphanumeric numbers on electoral bonds to Election Commission. SBI faces contempt as ADR demands details. SC asserts authority with UK SC judges..IndiaTimes - Published | Electoral bonds: SC raps SBI for not disclosing bond numbers, seeks response by March 18The Supreme Court today denounced the State Bank of India for failing to share complete data on electoral bonds, a scheme that allowed individuals and businesses to donate anonymously to political..DNA - Published |
Electoral bonds: Supreme Court takes exception to SBI not furnishing unique numbersA 5-J bench led by CJI D Y Chandrachud, with three more judges from UK SC also sitting on the bench, said that they take exception to SBI not giving full details of electoral bonds to election..IndiaTimes - Published | Election Commission uploads electoral bonds data received from SBIECI received data from the State Bank of India (SBI) on March 12.DNA - Published |
'Will disclose details in...': CEC Rajiv Kumar on electoral bonds caseThe Election Commission has received details from the State Bank of India (SBI) related to the electoral bonds and will share all relevant information in time.DNA - Published | Electoral Bonds case: 22,217 bonds purchased from 2019 to 2024, SBI tells SCIn a compliance affidavit filed in the apex court, the SBI said as per the court's direction, it has made available the details of electoral bonds to the Election Commission of India before the close..DNA - Published |
SBI submits electoral bonds details to Election CommissionSC ordered SBI to disclose the details of electoral bonds to ECI by the close of business hours on March 12.DNA - Published | Electoral bonds case: 'What steps have you taken to disclose details of electoral bonds,' SC asks SBIThe State Bank of India has sought an extension till June 30 to disclose the details of each electoral bond encashed by political parties before the scheme was scrapped.DNA - Published |
Electoral Bonds: SBI moves SC seeking extension of time till June 30 to submit detailsThe State Bank of India (SBI) has moved the Supreme Court seeking an extension of time till June 30 to submit details of Electoral Bonds to the Election Commission of India.DNA - Published | From GST to FASTag KYC: Six rules to change from March 1; check detailsThese new rules will result in significant changes which will have an impact on almost every user. Some of the important changes are related to Paytm Payments Bank, SBI Credit Card, FASTag KYC CNG and..DNA - Published |
SBI to stop issuing electoral bonds 'immediately': Key highlights of Supreme Court's observationsThe SC on Thursday directed the SBI to stop issuing electoral bonds and submit the details of all donations made under the scheme to the Election Commission of India by March 6.DNA - Published | SC directs SBI to reveal details of political parties receiving electoral bonds to date by...In a landmark ruling, the Supreme Court orders the State Bank of India to disclose details of electoral bonds encashed by political parties, citing transparency concerns.DNA - Published |
SC gives PIL-lawyer Bhushan a lesson in public interest; terms a PIL argued by him as personal interest pleaVeteran advocate Prashant Bhushan, who argued several important public interest litigations resulting in landmark decisions from constitutional courts, on Thursday was called out by the Supreme Court..IndiaTimes - Published | With 5.6L crore market capitalisation, LIC pips SBI as most valued PSUThe government divested 3.5% of LIC for Rs 21,009 crore through its IPO, making it the biggest maiden offer in India. LIC's stock has not crossed its IPO price since listing in mid-May 2022. Recent..IndiaTimes - Published |
Fire at ATM in Dombivli amid robbery bid, 21L reduced to ashA fire broke out at an ATM kiosk in Dombivli, Thane, when unidentified persons attempted to break open the ATM machine. Rs 21 lakh in currency notes was reduced to ashes. Tools used to jimmy the..IndiaTimes - Published | Banks quietly raise interest rates on car, personal loansInterest rates on retail loans, including home loans, have started increasing as banks revise their marginal cost of lending rate (MCLR). While home loans are linked to the repo rate, other loans are..IndiaTimes - Published |
Israel-Hamas conflict, important topic element of discussion between India, Oman: FS KwartaForeign secretary Vinay Kwatra informed that the Israel-Hamas conflict was discussed between PM Modi and Sultan Haitham Bin Tarik of Oman. They signed a joint vision agreement for collaboration in..IndiaTimes - Published | Odisha mounts probe into business tied to Congress MP Dhiraj SahuExcise authorities investigate liquor business associated with Jharkhand Congress MP Dhiraj Sahu. Income tax department reports cash seizures of Rs 340 crore. BJP accuses BJD of protecting Congress...IndiaTimes - Published |
Bank of Maharashtra top among PSU lenders in loan, deposit growth in Q2Bank of Maharashtra (BoM) has retained the top position among public sector banks in terms of loan and deposit growth during the second quarter of the current financial year. BoM saw a 20% increase in..IndiaTimes - Published | Finance Minister Nirmala Sitharaman inaugurates SBI branch in Trincomalee, Sri LankaMinistry of Finance posted on X, "Union Finance Minister Smt. @nsitharaman inaugurated the State Bank of India @TheOfficialSBI Branch in Trincomalee, today, during her official visit to Sri Lanka. H.E...IndiaTimes - Published |
MHA grants FCRA approval to Ram temple trust, can receive foreign donations: Champat RaiThe Shri Ram Janmbhoomi Teerth Kshetra has been granted approval by India's home ministry to accept contributions from foreign sources for the construction of the Ram temple in Ayodhya. Contributions..IndiaTimes - Published | World Happiness Index flawed, India's rank should have been 48, not 126: SBI EcowrapSummarily dismissing the results of India’s 126th rank in the World Happiness Index and accusing it of "overlooking persistent issues prevailing in many better ranked nations", a report by SBI..IndiaTimes - Published |
'Cashless' Haj for 1.4 lakh this year as govt will issue forex cardsWith the number of Haj pilgrims crossing 1.4 lakh this year, including the largest ever contingent of over 4,300 women above 45 years who will be travelling without Mehram (male companion), the..IndiaTimes - Published | Why no investigation into Adani issue, why so much of fear: Rahul Gandhi targets PM ModiCongress leader Rahul Gandhi on Monday asked Prime Minister Narendra Modi why there was no investigation into the investment of people's retirement fund in the Adani group even after various..IndiaTimes - Published |
‘Only Rs 236 in company's account’: Liquidator calls for release of Nirav’s fundsWith only Rs 236 allegedly remaining in one of the bank accounts of fugitive businessman Nirav Modi’s Firestar Diamond International Pvt Ltd (FIDPL) after Kotak Mahindra Bank transferred Rs 2. 46..IndiaTimes - Published | All opposition parties should start investigation into Adani group: TMCA day after keeping away from Congress-led march of opposition parties to the ED office, Trinamool Congress on Thursday proposed that all the non-BJP opposition party-led governments should start..IndiaTimes - Published |
Budget session: TMC, NCP stay away from joint opposition protest over Adani issueWhile TMC continued its attack on the government with dharna against gas price rise and also questioning the Centre on why public institutions like LIC and SBI has been investing in Adani companies, it..IndiaTimes - Published | SBI, LIC forced to invest to save Adani group, people's life savings put in danger: Rahul GandhiIndiaTimes - Published |
